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Regulatory Update: NAIC Fall 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. The draft revisions include a requirement for producers to act in the “best interest” of a retail customer when making a recommendation of an annuity.

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Regulatory Update: NAIC Fall 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. The draft revisions include a requirement for producers to act in the “best interest” of a retail customer when making a recommendation of an annuity.

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List of data breaches and cyber attacks in December 2019 – 627 million records breached

IT Governance

Singapore-based retailer Love, Bonito apologises to customers after malware infection (unknown). Fashion rental company HURR Collective notifies users of security incident (400). China Citizen Watch finally secures 150 TB of leaking data (unknown). The NHS lost hundreds of thousands of letters between 2011 and 2016.